Pros

Pro

Advanced tracking feature

Moving objects can be tracked using Premiere. Once an object is identified, certain effects (like face blurring) can be applied.

Pro

Works well with other Adobe programs

This program is made to interact very well with the other Adobe production apps like After Effects, SpeedGrade, Soundbooth, Photoshop and others. Adobe programs can dynamically link with each other, so when an update occurs in Premiere it will update in other software accordingly.

Pro

Widely used

Easy to find tutorials, documentation and support.

Pro

Multicamera editing

Multi-camera sequences can be created based on in or out points, timecode or even audio, allowing users to to edit multi-camera setup in real-time via keyboard or mouse. Additionally, Premiere can display camera angles as track or clip names.

Pro

GPU accelerated rendering on Mac

Pro

PC and Mac support

Works on both Windows and OS X

Pro

Native ProRes & DNxHD support

Pro

Subscription / cloud-based model

Ensures that the latest version of the software is always installed. Allows saving preferences (such as workspace layout and keyboard shortcuts) in the cloud, so the preferences can be loaded on a different machine. Users can even download personal settings from each other.

Pro

Window-based layout, allows for a more flexible workspace

Pro

Smart Rendering

An option called "Smart Rendering" will not re-render a file that is of a certain format that it also exports to, it will just tack it on, reducing render time and artifacts.

Pro

VST plug-in support

Pro

GPU accelerated rendering on Windows

Nvidia and ATI cards are supported.

Pro

Works with basically any resolution

Technically up to 10240x8192px, but QUHD probably won't be a standard for a while.

Pro

Combines editing and VFX tools in one package

Pro

Lots of beginner-friendly tutorials

Pro

Offers 4K input and output

Pro

YouTube direct upload

Pro

Beginner friendly

Amazing all-in-one starter software thanks to a lot of powerful presets and a simplified workflow. There are tips, guides, explanations and easy access to community support. The interface is intuitive and easy to overview.

Pro

Powerful presets & visual effects

Color grading, motion blur, lights, flares, 3D muzzle flashes, procedural fire, etc. They both work out of the box and can be heavily customized. More than 150 visual effects and more are added constantly.

Ad

Cons

Con

Licensing much more expensive than competition

The cost of the adobe system over a 3 year span is significantly higher than other comparable editors. Their licensing for schools is particularly problematic as updates aren't available for site licenses in a timely manner, leaving us with compatibility issues with students using their own licenses at home.

Con

Slow and choppy performance working with 4K or higher resolution

Working with REDcode 4K or higher brings the performance and stability of Premiere down.

Con

Render times and timeline performance is much slower than competitors

Premiere is the backlight is almost all disciplines and gets beaten by far by Final Cut and the direct Windows-competitor DaVinci Resolve .

Con

Import doesn't support some file extensions

Such as mp4 and mkv which are popular formats, are not supported.

Con

Free version lacks some of the major selling points of the software

Express lacks physics-driven particle simulation, the ability to import and animate 3D models, some of the more powerful plugins (such as professional denoiser and chroma key), OpenEXR export, 64-bit and GPU acceleration and OpenFX plugin support.

Con

Requires an account to download and use

You need to register an account to use the software.

Con

Download requires social media sharing

When you choose download, they need you to share to facebook, twitter, or google+.

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